Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2024; threshold 65 %.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 January 2026 and has not been filed.
Financials
Financial year 2024
CODEL from Jabbeke, company number BE0458668359, closed financial year 2024 with a result of € 22,680 after tax. For that financial year CODEL recorded a gross margin of € 52,965 and equity of € 281,760. Compared with financial year 2023, the result moved from € 24,262 to € 22,680. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 14, 2025.
€ 281,760
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,680
▼ 7% vs 2023
Profit after tax over the fiscal year.
€ 4,946
▲ 43% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 263,160.
People and assets in 2024
€ 1,519
▼ 47% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 14,815
Supplier invoices still open on the last day of the fiscal year.
€ 48,445
▲ 14% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 77,594 | € 57,073 | € 52,965 | ▼ 7% |
| Profit after taxes | € 40,690 | € 24,262 | € 22,680 | ▼ 7% |
| Equity | € 264,145 | € 259,079 | € 281,760 | ▲ 9% |
| Total debts | € 113,638 | € 136,156 | € 114,421 | ▼ 16% |
| Cash | € 4,006 | € 3,468 | € 4,946 | ▲ 43% |
| Land & buildings | € 145,621 | € 134,107 | € 125,817 | ▼ 6% |
| Retained profit | € 245,545 | € 240,479 | € 263,160 | ▲ 9% |
| Dividend | € 91,079 | € 29,327 | € 0 | ▼ 100% |
| Balance sheet total | € 377,783 | € 395,236 | € 396,181 |
Key figures of CODEL, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 January 2026.
What happened to CODEL?
What happened at CODEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 22,680 (▼ 7% vs 2023). filed late Source: NBB ↗
- New establishment in Jabbeke. KBO
- Patrick COULIER became a director. NBB
- Lucrèce DELBEKE became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 40,690 profit in 2022 to € 22,680 profit in 2024.
Paid € 55,232 in corporate taxes since 2022.
Best year ever: 2022, with € 40,690 profit.
Paid out € 120,407 in dividends to the owners in total.
Management
Behind CODEL are Patrick COULIER and Lucrèce DELBEKE. It owns 12.7% of E-Trova itself.
Directors
According to the 2024 annual accounts
Patrick COULIER
Director
Also active at: ELISABETH AAN ZEE, Sint Vincentius, Sint Vincentius, BEDRIJVENCENTRUM REGIO BRUGGE, Sint Jozef, Sint Anna, Het Laar, CO - IMMO +2 more
since 1996
Lucrèce DELBEKE
Director
since 1996
Establishments
Establishment units
Physical locations of this company
Grote Thems 116
8490 Jabbeke
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.668.359
- VAT number
- BE 0458.668.359
- Registered office
- Grote Thems 116, 8490 Jabbeke
- Names & denominations
- CODEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 August 1996
- Peppol
- Active · Active since 3 Oct 2025
- Activities · NACE
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